SPX S/R Clusters

Upon relaxing the eyes at the support and resistance numbers in the previous post, several clusters jump out that encompass the majority of the data.  Those key cluster areas should be considered key levels of support and resistance.  SPX starts the week at 1304, within the 1303-1308 cluster, and interestingly, the 1308 upper limit corresponds to Friday's HOD.  The LOD Friday sits inside the 1291-1295 cluster.

The following SPX S/R clusters will tell the broad market story as it unfolds.

1329-1333

1315-1326

1311-1312

1303-1308

1300

1291-1295

1286-1287

1272-1277

1270

1267